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Middle East Earthmoving Equipment Market (2021-2027)

  Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027.   Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equipment do
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Saudi Arabia Software as a Service (SaaS) Market | India Lead Acid Battery Market | Malaysia Power Rental Market | United States Building Energy Management Systems Market | Middle East Automated Fare Collection System Market (2018-2024)

Saudi Arabia Software as a Service (SaaS) Market

Saudi Arabia SaaS market size is projected to grow at a CAGR of 16.8% during 2018-24. The government of Saudi Arabia is focusing heavily on the strengthening of the non-oil sector in the country. As a result, the social infrastructure development in the country is expected to witness significant growth in the coming years. Further, under the Saudi Vision 2030 initiative, special emphasis is also being put on the strengthening of the IT infrastructure in the country. Additionally, with global technological giants, such as Amazon and Google, looking to set up their data centers and expand their footprint in the Middle East in the future, the use of SaaS solutions is predicted to become more widespread in the country in the coming years.

India Lead Acid Battery Market

India lead acid battery market size is projected to grow at a CAGR of over 9% during 2018-24. SLI battery segment bagged highest revenue share in 2017, followed by stationary battery segment. SLI battery is projected to lead the market during the forecast period owing to its high utilization in automobiles. Moreover, automobile sales registered an increase of around 14% in 2017; vehicle production in India registered a CAGR of nearly 6% during 2011-17, contributing towards the demand of SLI lead acid batteries in the country.


Malaysia Power Rental Market

Malaysia power rental market size is projected to grow at a CAGR of 4.2% during 2018-24. Government initiatives such as Economic Transformation Programme and 11th Malaysian Plan are anticipated to drive the growth primarily in construction, transportation and manufacturing industries moving ahead. This would further proliferate the sales for power rental solutions in Malaysian market.

United States Building Energy Management Systems Market

United States building energy management systems market size is expected to grow at a CAGR of 12.2% during 2018-24. Several advantages of integrated BEMS hardware and software system includes: budgets & variance reports, utility bill tracking, real-time metering and collection of energy data usage by various equipment such as heating, ventilation, lighting and air conditioning, making them quite popular among residential and commercial users. Government initiatives such as Southern California Edison (SCE), and App Lab coupled with promoting the use of LEDs and CFLs in all residential, commercial and industrial sectors would further fuel the United States building energy management systems market forecast period revenues.

Middle East Automated Fare Collection System Market


Middle East Automated Fare Collection System market size is projected to reach $12.5 billion by 2024. The market is expected to register a fluctuating growth over the period of next five years owing to the different completion period of construction projects in the countries in the middle east region. Middle East has recorded multiple infrastructural development projects in the region due to the increasing tourism in the region.


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